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Updated almost 4 years ago,

Brian Cullum's profile image
Brian Cullum's profile image
Brian Cullum
  • New to Real Estate
  • from Gilbert, AZ
  • Member since Jan 25, 2021
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Brian Cullum's profile image
Brian Cullum's profile image
Brian Cullum
  • New to Real Estate
  • from Gilbert, AZ
  • Member since Jan 25, 2021
Connect
Brian Cullum
  • New to Real Estate
  • Gilbert, AZ
0
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8
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Creative Real Estate Financing

HELOC for down payment on a BRRRR

Brian Cullum
  • New to Real Estate
  • Gilbert, AZ
Posted

I currently have roughly 80,000 dollars of equity in my current residence. I have been looking into utilizing a HELOC to make a down payment on a house that I plan to flip and rent out. Does this work or is buying the house in full the best way to go about this strategy?

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